Blog > Archive by tag 'amazon'
The retail sector will be significantly hurt by a slowdown in consumer spending this holiday season. Companies like Circuit City (NYSE:CC) could go out of business. Others like Amazon (NASDAQ:AMZN) and Under Armour (NYSE:UA) will see big hits to their share price, giving options investors a fantastic profit opportunity.
By Andrew Snyder
Baltimore – (TFN): I walked [...]
Tags: amazon, amzn, bailout, cc, Circuit City, holiday sales, news, ratios, retail sales, ua, Under Armour
"Analysts were expecting Amazon to earn $0.26 per share… and the company reported earnings of $0.37. Revenues nearly doubled from the same period last year." — Rick Pendergraft
Blogger’s note: The recession has deflated American spending. Lack of easy credit is keeping U.S. consumers from buying on a whim, and stores are [...]